How Africa Is Riding The Crypto Wave

An episode of the Next Africa podcast, hosted by Bloomberg, titled "How Africa Is Riding The Crypto Wave" was published on November 15, 2024 and runs 14 minutes.

November 15, 2024 ·14m · Next Africa

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Episode Description

Bitcoin notched another record high this week, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto. In Africa governments are looking nervously at the growing numbers of young people trading and investing in the token. Bloomberg reporters Bella Genga in Nairobi and Emele Onu in Lagos join Jennifer Zabasajja to discuss how Bitcoin is being used across the continent, and why regulators want more control.

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